dtcpay Secures $25M in Series A Funding from Vertex Ventures, SBI Group
Singapore-based payments company dtcpay has secured $25 million in Series A funding led by Vertex Ventures, with Japan's SBI Group joining as a strategic investor.
The capital injection will support the expansion of stablecoin and merchant payment infrastructure, allowing merchants and businesses to move between fiat and digital assets more efficiently.
dtcpay operates as a Major Payment Institution in Singapore, giving it a regulated base in one of Asia's most important financial hubs. The company is building the merchant-facing layer around its payment infrastructure, rather than trying to become another speculative crypto exchange.
SBI Group's participation brings more than just capital; its significant footprint across banking, securities, and digital assets can be valuable for a payments business looking to expand across Asia.